Quote from JT47319:
MM's approach is significantly different from the majority here, I would imagine. From the look of things, its really a fundamental investor approach.
See that neat little logo at the top? Its EliteTRADER. I don't need to know what the company does or how its financials are doing. I only need to know if its trending or if its ranging between identifiable, and therefore exploitable, points.
MM is an investor, not a trader.
Actually all of my initial screens are based on quantitative momentum modeling. Which uses highly analytical and mathematical tools to assess price momentum and the stability of the momentum. This has nothing to do with fundamentals.
Once I narrow down my database of candidates, that's when I use the fundamental skills I honed when I was an MBA student at Wharton.
So you see, my model is actually a hybrid of sorts and I think that's what has made it so successful.
Call me whatever you like...trader..investor.